I'm not reading anything into it, I know what it is, and we've seen it before. It's a small form factor PC. There are, however, a ton of people who think this is something else. That think this will change PC gaming, will kill consoles, will make developers optimize games for it, etc. It's ridiculous overhype for a budget PC with a Big Picture Mode interface.
I thought it was a stretch at $500 for the average person, but since the Linus stuff multiple other sites are picking up that this won't be near that low, which makes it dead in the water IMO.
Amen. And I get the Valve hype angle, and it will only increase when they announce HL3 and try to co-market the hardware and software, I just think that most of the people who buy this will be someone like me who just want a second box for the bedroom or living room, etc. I don't think this will build a new Steam audience, so much as milk the current one, just like the Deck.